OBPLC Protect-Personal Loan

OBPLC Protect - Personal Loan is an unsecured and terminating loan facilities (EMI based) for any legitimate purpose with Life Insurance coverage and competitive interest rate.

Features:

  • Loan amount ranges from Tk.50,000 to Tk.20,00,000
  • Death Coverage: 100 % of Outstanding Balance (Maximum BDT 20,00,000 per life)
  • Permanent Total Disability Coverage: 100% of Outstanding Balance (Maximum BDT 20,00,000 per life)
  • Loan tenor ranges from 12 to 60 months
  • Interest rate:
    • Salaried - 9.00%
    • Businessman - 9.00%
    • Landlord - 9.00%
  • Minimal documentation

Eligibility:

Any credit worthy individual having age between 21 to 59 years.

Professional Experience:

  • Salaried Executives: Minimum 2 years of experience with 6 months permanent employment with present employer
  • Professionals: Minimum 2 years of practice in the profession and business
  • Business Individuals: Minimum 2 years in present line of business

Minimum Gross Monthly Income:

  • Salaried Executives: Minimum Tk 25,000 per month
  • Professionals, Business Person & Land Lord: Minimum Tk 50,000 per month

Retail Loan